Hi @pete11
The next FUM announcement will definitely be a fall, question is by how much. Business can't stem losses of $20+B per month without drastic business change in a month - buyback alone won't cut it.
Magellan board should also be cutting Management Fees to incur the same loss as buyback ($180M). This is the only path to freeze FUM losses.
Best of Luck
Lost
Hi @pete11The next FUM announcement will definitely be a fall,...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$10.43 |
Change
-0.040(0.38%) |
Mkt cap ! $1.793B | |||
| Open | High | Low | Value | Volume |
| $10.39 | $10.47 | $10.30 | $6.392M | 615.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 96 | $10.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.43 | 22131 | 1 |
View Market Depth
| Last trade - 16.15pm 25/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |